Market Commentaries

27 Jul

Numbers are in the House

July 27, 2018 Markets posted another winning week as quarterly earnings continued to beat expectations and Q2 GDP hit a four-year high. With roughly half of the S&P 500 having reported, second quarter earnings are now projected to rise 22.60%, up from last week’s estimate of 22.00%. In economic news, the first estimate of U.S….

Read More
20 Jul

Earnings Lift Markets

July 20, 2018 Earnings continued to dominate the tape this week, with notable reports from tech giant Microsoft and railroad operator CSX. In economic news, consumers took center stage with retail sales being the highlight of the week. Amazon’s Prime Day showed consumers kicked off the third quarter on a strong note, attracting shoppers to…

Read More